How did you choose your ctf provider?

Question

soo many to choose from...

Answer 1

What is a CTF? I am sory to sound ignorant but if I knew (and it's to do with investment) I could help you.

Answer 2

The UK government has a web page at

http://www.childtrustfund.gov.uk/templat...

to help parents pick a CTF provider.

Answer 3

I'm not sure of the benefits of going with 1 provider over another.

More info can be found here:

http://www.share.com/webp/ctf.htm

Answer 4

Stakeholder CTFs are linked to the stockmarket. Therefore as you rightly say at the moment the return isn't as high as it was. However, the potential return in the long run is likely to be higher on these equity linked investments. Since your child can not access the money until they are 18, it is likely that the value of the investment would of increased by this time.

With equity linked products it is difficult to say which is the best to go for as no one can predict the future and any impact an event will have on the value of a company.

Alternatively you can go for a savings CTF. These work like a regular savings account. Currently the top rates on offer are from Hanley Econmics BS at 7.75% or Britannia BS at 7.00%.